Leadership Turnover in the IRS Could Lead To Delays

KEY TAKEAWAYS Since the beginning of the year, seven different IRS commissioners have been appointed to the role, which typically has a five-year term. Additional leadership and workforce turnover have been prevalent in the IRS as the Trump administration prioritizes reducing government spending. With the tax administration’s low numbers, experts have warned that the IRS … Read more

The Cowboys Sold For $140 Million in 1989—They’re Now Worth $12.8 Billion. Here’s How That 9,000% Return Compares to Market Giants

Key Takeaways The Dallas Cowboys are now valued at $12.8 billion, according to Sportico. Jerry Jones bought the team for $140 million in 1989, so he’s earned a return of more than 9000%. That’s similar to the gains for Walmart Inc. (WMT) and Berkshire Hathaway Inc. (BRK.A, BRK.B) over the same period, but far behind … Read more

Dow Touches First Record High of the Year as UnitedHealth Group Stock Soars

The Dow Jones Industrial Average opened at its first all-time high of the year on Friday as shares of health care giant UnitedHealth Group (UNH) soared. The Dow opened 0.5% higher to trade at about 45,150 Friday morning, leapfrogging its prior record of 45,073 set in early December. UnitedHealth Group led the index higher, rising … Read more

The Simple Things I Do to Save Over $2,000 and Rid My Budget of Unnecessary Costs

Key Takeaways Choosing a budget-friendly gym and running outdoors can provide the same health benefits as a luxury gym at a fraction of the cost. Meal prepping at home significantly reduces food expenses, with homemade meals costing about $4 each compared to $15 for lunch out. Small, consistent savings from fitness and food choices can … Read more

Dow Hits First Record High Since December as UnitedHealth Stock Soars on News of Berkshire Stake; S&P 500, Nasdaq Slip

Stocks were little changed in early trading Friday as the market takes a breather from a rally that has lifted major indexes to record highs.  The Dow Jones Industrial Average (DJI) was up 0.1% recently, after surging to its first record high since December in the opening minutes of the session. The move higher was … Read more

UnitedHealth, Others See ‘Buffett Bounce’ as Berkshire Hathaway Boosts Investments

Key Takeaways Warren Buffett’s Berkshire Hathaway increased its holdings in UnitedHealth Group stock. A regulatory filing showed Berkshire held 5 million shares in the second quarter. Berkshire also added positions in D.R. Horton, Lamar Advertising, and Nucor, while dropping T-Mobile US from its portfolio. Shares of recently beleaguered UnitedHealth Group (UNH) are getting a “Buffett … Read more

Applied Materials Warns Uncertainty Is Slowing Its Business, Especially in China

Key Takeaways Applied Materials said macroeconomic uncertainty is hurting its business, especially in China. The maker of equipment for semiconductors gave current-quarter guidance that was short of forecasts. Applied Materials beat third-quarter earnings and revenue estimates as sales at all three of its segments beat estimates. Shares of Applied Materials (AMAT) sank 13% in premarket … Read more

5 Things to Know Before the Stock Market Opens

U.S. stock futures are mixed as investors watch talks between the U.S. and Russia; UnitedHealth Group (UNH) shares are jumping in premarket trading after Warren Buffett’s Berkshire Hathaway revealed building a stake in the health insurance provider; Applied Materials (AMAT) shares are plummeting after the firm delivered a weak outlook on concerns over Chinese demand; retail … Read more

Financial Advisor Says One Choice Has a Significant Monthly Cost Savings

Key Takeaways Buying a home can cost hundreds more per month than renting in today’s interest rate environment. Many homeowners overlook hidden costs like maintenance, taxes, and insurance. Renting can preserve liquidity, provide flexibility, and offer a better return if you invest the difference. For years, owning a home has been a core tenet of … Read more